Cosmetic Surgery Market Size, Trends and Insights By Procedure (Surgical Procedures, Non-Surgical Procedures), By Gender (Female, Male), By End User (Ambulatory Surgical Facility, Hospital and Clinic, Cosmetic Surgical Center), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Allergan plc
- Mentor Worldwide LLC
- Sientra Inc.
- GC Aesthetics plc
- Polytech Health & Aesthetics GmbH
- Others
Reports Description
Global Cosmetic Surgery Market was valued at USD 72.3 Billion in 2024 and is expected to reach USD 207.6 Billion by 2033, at a CAGR of 11.7% during the forecast period 2024 – 2033.
Cosmetic surgery, often known as aesthetic surgery, is a subspecialty of plastic surgery that seeks to improve an individual’s look by surgical treatments. These treatments are optional and usually not medically required; they are selected by people who want to improve or change their physical appearance for personal or cultural purposes.
Cosmetic Surgery Market: Growth Factors
Advancements in 3D imaging and augmented reality simulations
Advances in 3D imaging and augmented reality simulations are altering the cosmetic surgery context, providing compelling advantages to patients and doctors. These technologies allow surgeons to build extremely comprehensive, personalised surgical plans by properly visualising a patient’s anatomy in three dimensions.
Using advanced software, surgeons can simulate various treatments and forecast results with astonishing precision, allowing for exact modifications and upgrades customised to each patient’s specific needs. Augmented reality simulations provide patients with a realistic preview of probable surgical outcomes, promoting better comprehension and confidence in the decision-making process.
By bridging the gap between ideas and reality, these technologies improve patient pleasure and trust while reducing the ambiguity that is frequently associated with cosmetic operations. Additionally, by streamlining pre-operative planning and enhancing surgical precision, 3D imaging and augmented reality help to provide safer operations and more natural-looking results, driving up demand for cosmetic surgery and boosting market expansion.
Rising desire for a flawless facial structure
The growing demand for a perfect facial structure is a major driving force behind the expansion of the cosmetic surgery sector. In today’s society, there is a growing demand to conform to beauty ideals that are reinforced by social media and celebrity culture, which frequently glorify symmetrical features and youthful looks.
As a result, many seek out cosmetic operations like rhinoplasty, facelifts, and chin augmentation to improve their facial aesthetics and attain a more balanced and appealing appearance. Furthermore, advances in medical technology and practices have made cosmetic surgery safer, more accessible, and with shorter recovery periods, attracting a larger population.
Furthermore, the normalisation of cosmetic operations across age groups and genders increases market demand. Ultimately, the pursuit of an ideal face form mimics cultural norms and personal aspirations, driving the continual expansion of the cosmetic surgery industry.
Cosmetic Surgery Market: Restraints
High costs and complex procedures
High prices and difficult procedures prevent many potential patients from pursuing cosmetic surgery. Cosmetic operations are generally out of reach for people with minimal financial means due to the excessive costs involved with them, such as surgery fees, anaesthesia, facility charges, and post-operative care.
Furthermore, the complex nature of many cosmetic operations can be intimidating for patients, who may be concerned about potential problems, long recovery times, and unclear outcomes. Moreover, the complicated nature of cosmetic treatments necessitates highly specialised skills and training from surgeons, resulting in a restricted pool of trained practitioners and increasing demand for their services, which can push up costs.
These issues combined add to a feeling of lack of access and risk connected with cosmetic surgery, thus minimising market growth and deterring potential patients from pursuing aesthetic enhancements.
Cosmetic Surgery Market: Opportunities
Rise in the prevalence of cosmetic surgical procedures
The increasing prevalence of cosmetic surgical operations drives the expansion of the cosmetic surgery industry. This growth can be linked to a variety of causes, including advances in medical technology, which have resulted in safer and more effective operations, lowering the perceived risks of surgery.
Furthermore, shifting cultural standards and a greater emphasis on physical beauty, spurred by the impact of social media and celebrity culture, have contributed to a rise in acceptance and demand for cosmetic procedures. Furthermore, increased disposable incomes and greater access to healthcare facilities in many areas have made cosmetic surgery more affordable to a wider range of people.
Moreover, an ageing population eager to preserve a young appearance, along with the rising popularity of minimally invasive treatments with shorter recovery periods, has increased demand for cosmetic surgery. As an outcome, the cosmetic surgery industry continues to grow internationally, with a rising number of people choosing surgical procedures to enhance their visual look and self-confidence.
According to the British Association of Aesthetic Plastic Surgeons, 31,057 cosmetic treatments were performed in 2022, representing a 102% increase from the previous year. Women underwent 93% of all cosmetic treatments documented in 2022, up 101% from 2021. Breast augmentation (up 66%), breast reduction (up 120%), abdominoplasty, liposuction (up 134%), and blepharoplasty (up 70%), were the five most popular treatments among women. Men accounted for 7% of all cosmetic surgery treatments, an increase of 118% from 2021.
Cosmetic Surgery Market: Segmentation Analysis
The Global Cosmetic Surgery market is segmented by procedure, gender, end user, and region. Based on procedure, the market is classified into surgical procedures and non-surgical procedures. Surgical Procedures dominated the market in 2023 with a market share of 75.7% and is expected to keep its dominance during the forecast period 2024-2033.
Minimally invasive surgical techniques are becoming increasingly popular, which is propelling the cosmetic surgery business. Patients are increasingly choosing less intrusive procedures that provide faster recovery periods, fewer problems, and more natural-looking outcomes.
Botox injections, dermal fillers, laser skin resurfacing, and non-surgical fat removal have all witnessed an increase in popularity due to their ability to address cosmetic issues with little downtime and pain. Furthermore, technological improvements have resulted in the creation of novel techniques and technologies, broadening patients’ options for minimally invasive procedures.
This trend reflects a rising demand for minor modifications and personalised treatment programmes customised to individual needs, which is fuelling development in the cosmetic surgery industry.
Based on gender, the market is classified into female and male. Female dominated the market in 2023 with a market share of 71.5% and are expected to keep their dominance during the forecast period 2024-2033. The cosmetic surgery market has grown significantly, owing to increased female participation.
Women are increasingly looking for cosmetic operations to improve their looks, enhance their self-esteem, and address aesthetic problems. Furthermore, advances in cosmetic surgery methods and technology have made treatments safer, more accessible, and require less downtime, making them more appealing to a wider range of women.
Furthermore, shifting societal norms and attitudes towards cosmetic modifications have resulted in increased acceptability and normalisation of such treatments among women. The rise in demand for cosmetic surgery among women reflects today’s society’s emphasis on self-care, empowerment, and the accomplishment of personal aesthetic objectives.
Based on end user, the market is classified into ambulatory surgical facility, hospitals and clinics and cosmetic surgical center. Hospitals and Clinics dominated the market in 2023 with a market share of 51.8% and is expected to keep its dominance during the forecast period 2024-2033.
Hospitals and clinics play an important role in driving the cosmetic surgery industry by providing a variety of cosmetic treatments and services to suit the increasing demand for aesthetic upgrades. These facilities provide a safe and regulated environment for patients seeking elective cosmetic operations, with cutting-edge equipment, trained medical experts, and extensive pre-operative and post-operative care.
Furthermore, hospitals and clinics frequently hire board-certified plastic surgeons and dermatologists who specialise in a variety of cosmetic operations. Furthermore, the accessibility and convenience of hospital and clinic sites make cosmetic surgery more accessible to a broader population, bolstering market development as more people seek operations to address cosmetic problems and improve their physical appearance.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 72.3 Billion |
Projected Market Size in 2033 | USD 207.6 Billion |
Market Size in 2023 | USD 67.2 Billion |
CAGR Growth Rate | 11.7% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Procedure, Gender, End User and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Cosmetic Surgery Market: Regional Analysis
By region, Cosmetic Surgery market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the global Cosmetic Surgery market in 2023 with a market share of 42.1% and is expected to keep its dominance during the forecast period 2024-2033.
North American culture puts a high value on physical beauty and youthfulness, resulting in a large demand for cosmetic operations among people looking to improve their visual attractiveness. Furthermore, North America has a well-developed healthcare infrastructure that includes modern medical technology and highly competent cosmetic surgeons, giving patients access to a diverse variety of cosmetic operations with high safety standards and great outcomes.
Furthermore, the region’s rich population and powerful economy make elective cosmetic surgery affordable, including popular treatments like breast augmentation, liposuction, rhinoplasty, and facelifts. Moreover, broad media attention and celebrity endorsements contribute to the normalisation and acceptability of cosmetic improvements, hence increasing demand for cosmetic surgery in North America.
Cosmetic Surgery Market: Recent Developments
- In January 2021, Mentor Worldwide LLC, announced that the U.S. Food and Drug Administration (FDA) approved the MENTOR® MemoryGel BOOST™ Breast Implant for breast augmentation in women. This device will be commercially accessible to surgeons in the United States in early 2022.
- In October 2023, GC Aesthetics announced a cooperation with Bimini Health Tech to revolutionise breast reconstruction globally. GC Aesthetics will implement Bimini’s healthcare solutions outside of the United States and Canada through the “OPALINE Aesthetics” Joint Venture.
- In March 2024, GC Aesthetics debuted the FixNip NRI, a nipple implant for women who have had breast reconstruction surgery. The business believes that the gadget will revolutionise breast reconstruction for women.
List of the prominent players in the Cosmetic Surgery Market:
- Allergan plc
- Mentor Worldwide LLC
- Sientra Inc.
- GC Aesthetics plc
- Polytech Health & Aesthetics GmbH
- Establishment Labs Holdings Inc.
- Ideal Implant Incorporated
- Silimed
- Cynosure Inc.
- Alma Lasers
- Cutera Inc.
- Bausch Health Companies Inc.
- Merz Pharma GmbH & Co. KGaA
- Galderma S.A.
- Syneron Medical Ltd.
- Zimmer Biomet Holdings Inc.
- InMode Ltd.
- Lumenis Ltd.
- Candela Corporation
- Venus Concept Ltd.
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Cosmetic Surgery Market is segmented as follows:
By Procedure
- Surgical Procedures
- Non-Surgical Procedures
By Gender
- Female
- Male
By End User
- Ambulatory Surgical Facility
- Hospital and Clinic
- Cosmetic Surgical Center
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Cosmetic Surgery Market, (2024 – 2033) (USD Billion)
- 2.2 Global Cosmetic Surgery Market: snapshot
- Chapter 3. Global Cosmetic Surgery Market – Industry Analysis
- 3.1 Cosmetic Surgery Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Advancements in 3D imaging and augmented reality simulations
- 3.2.2 Rising desire for a flawless facial structure
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Procedure
- 3.7.2 Market Attractiveness Analysis By Gender
- 3.7.3 Market Attractiveness Analysis By End User
- Chapter 4. Global Cosmetic Surgery Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Cosmetic Surgery Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Cosmetic Surgery Market – Procedure Analysis
- 5.1 Global Cosmetic Surgery Market Overview: By Procedure
- 5.1.1 Global Cosmetic Surgery Market Share, By Procedure, 2023 and 2033
- 5.2 Surgical Procedures
- 5.2.1 Global Cosmetic Surgery Market by Surgical Procedures, 2024 – 2033 (USD Billion)
- 5.3 Non-Surgical Procedures
- 5.3.1 Global Cosmetic Surgery Market by Non-Surgical Procedures, 2024 – 2033 (USD Billion)
- 5.1 Global Cosmetic Surgery Market Overview: By Procedure
- Chapter 6. Global Cosmetic Surgery Market – Gender Analysis
- 6.1 Global Cosmetic Surgery Market Overview: By Gender
- 6.1.1 Global Cosmetic Surgery Market Share, By Gender, 2023 and 2033
- 6.2 Female
- 6.2.1 Global Cosmetic Surgery Market by Female, 2024 – 2033 (USD Billion)
- 6.3 Male
- 6.3.1 Global Cosmetic Surgery Market by Male, 2024 – 2033 (USD Billion)
- 6.1 Global Cosmetic Surgery Market Overview: By Gender
- Chapter 7. Global Cosmetic Surgery Market – End User Analysis
- 7.1 Global Cosmetic Surgery Market Overview: By End User
- 7.1.1 Global Cosmetic Surgery Market Share, By End User, 2023 and 2033
- 7.2 Ambulatory Surgical Facility
- 7.2.1 Global Cosmetic Surgery Market by Ambulatory Surgical Facility, 2024 – 2033 (USD Billion)
- 7.3 Hospital and Clinic
- 7.3.1 Global Cosmetic Surgery Market by Hospital and Clinic, 2024 – 2033 (USD Billion)
- 7.4 Cosmetic Surgical Center
- 7.4.1 Global Cosmetic Surgery Market by Cosmetic Surgical Center, 2024 – 2033 (USD Billion)
- 7.1 Global Cosmetic Surgery Market Overview: By End User
- Chapter 8. Cosmetic Surgery Market – Regional Analysis
- 8.1 Global Cosmetic Surgery Market Regional Overview
- 8.2 Global Cosmetic Surgery Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Cosmetic Surgery Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.4 North America Cosmetic Surgery Market, by Procedure, 2024 – 2033
- 8.4.1 North America Cosmetic Surgery Market, by Procedure, 2024 – 2033 (USD Billion)
- 8.5 North America Cosmetic Surgery Market, by Gender, 2024 – 2033
- 8.5.1 North America Cosmetic Surgery Market, by Gender, 2024 – 2033 (USD Billion)
- 8.6 North America Cosmetic Surgery Market, by End User, 2024 – 2033
- 8.6.1 North America Cosmetic Surgery Market, by End User, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Cosmetic Surgery Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Cosmetic Surgery Market, by Procedure, 2024 – 2033
- 8.8.1 Europe Cosmetic Surgery Market, by Procedure, 2024 – 2033 (USD Billion)
- 8.9 Europe Cosmetic Surgery Market, by Gender, 2024 – 2033
- 8.9.1 Europe Cosmetic Surgery Market, by Gender, 2024 – 2033 (USD Billion)
- 8.10 Europe Cosmetic Surgery Market, by End User, 2024 – 2033
- 8.10.1 Europe Cosmetic Surgery Market, by End User, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Cosmetic Surgery Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Cosmetic Surgery Market, by Procedure, 2024 – 2033
- 8.12.1 Asia Pacific Cosmetic Surgery Market, by Procedure, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Cosmetic Surgery Market, by Gender, 2024 – 2033
- 8.13.1 Asia Pacific Cosmetic Surgery Market, by Gender, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Cosmetic Surgery Market, by End User, 2024 – 2033
- 8.14.1 Asia Pacific Cosmetic Surgery Market, by End User, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Cosmetic Surgery Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Cosmetic Surgery Market, by Procedure, 2024 – 2033
- 8.16.1 Latin America Cosmetic Surgery Market, by Procedure, 2024 – 2033 (USD Billion)
- 8.17 Latin America Cosmetic Surgery Market, by Gender, 2024 – 2033
- 8.17.1 Latin America Cosmetic Surgery Market, by Gender, 2024 – 2033 (USD Billion)
- 8.18 Latin America Cosmetic Surgery Market, by End User, 2024 – 2033
- 8.18.1 Latin America Cosmetic Surgery Market, by End User, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Cosmetic Surgery Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Cosmetic Surgery Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Cosmetic Surgery Market, by Procedure, 2024 – 2033
- 8.20.1 The Middle-East and Africa Cosmetic Surgery Market, by Procedure, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Cosmetic Surgery Market, by Gender, 2024 – 2033
- 8.21.1 The Middle-East and Africa Cosmetic Surgery Market, by Gender, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Cosmetic Surgery Market, by End User, 2024 – 2033
- 8.22.1 The Middle-East and Africa Cosmetic Surgery Market, by End User, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Allergan plc
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Mentor Worldwide LLC
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Sientra Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 GC Aesthetics plc
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Polytech Health & Aesthetics GmbH
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Establishment Labs Holdings Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Ideal Implant Incorporated
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Silimed
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Cynosure Inc.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Alma Lasers
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Cutera Inc.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Bausch Health Companies Inc.
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Merz Pharma GmbH & Co. KGaA
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Galderma S.A.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Syneron Medical Ltd.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Zimmer Biomet Holdings Inc.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 InMode Ltd.
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Lumenis Ltd.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Candela Corporation
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Venus Concept Ltd.
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Allergan plc
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Allergan plc
- Mentor Worldwide LLC
- Sientra Inc.
- GC Aesthetics plc
- Polytech Health & Aesthetics GmbH
- Establishment Labs Holdings Inc.
- Ideal Implant Incorporated
- Silimed
- Cynosure Inc.
- Alma Lasers
- Cutera Inc.
- Bausch Health Companies Inc.
- Merz Pharma GmbH & Co. KGaA
- Galderma S.A.
- Syneron Medical Ltd.
- Zimmer Biomet Holdings Inc.
- InMode Ltd.
- Lumenis Ltd.
- Candela Corporation
- Venus Concept Ltd.
- Others
FAQs
The restraints of the Cosmetic Surgery market is high costs and complex procedures.
The major driver for the Cosmetic Surgery market is advancements in 3D imaging and augmented reality simulations and rising desire for a flawless facial structure.
The “Surgical Procedures” category dominated the market in 2023.
The key players in the market are Allergan plc, Mentor Worldwide LLC , Sientra Inc., GC Aesthetics plc, Polytech Health & Aesthetics GmbH, Establishment Labs Holdings Inc., Ideal Implant Incorporated, Silimed, Cynosure Inc., Alma Lasers , Cutera Inc., Bausch Health Companies Inc., Merz Pharma GmbH & Co. KGaA, Galderma S.A. , Syneron Medical Ltd. , Zimmer Biomet Holdings Inc., InMode Ltd., Lumenis Ltd., Candela Corporation, Venus Concept Ltd., Others.
“North America” had the largest share in the Cosmetic Surgery Market.
The global market is projected to grow at a CAGR of 11.7% during the forecast period, 2024-2033.
The Cosmetic Surgery Market size was valued at USD 72.3 Billion in 2024.